Can i use a home equity revolving line of credit to buy a car?

It is possible to use a home equity revolving line of credit (HELOC) to buy a car only if there is a balance on the HELOC. A HELOC s a variable-rate loan that is an interest-only payment in the ear...
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Is a home equity loan considered revolving credit?

A home equity loan does not meet the definition of revolving credit. With revolving credit, you would make minimum payments that vary depending on your account balance; this is usually a credit car...
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What is the difference between a home equity loan&a home equity
line of credit?

Home equity loans and home equity lines of credit are two ways to borrow against the value of your home. Though they both use your home as collateral, they differ in a number of ways.Accessing Fund...
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Is it Wise to Consolidate Credit-Card Debt Into a Home-Equity Line of Credit?